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CATERPILLAR INC — Notice of Dividend Amount 2012
Jun 13, 2012
29780_cgr_2012-06-13_ddf59bff-8619-4086-8b1e-534ba7093219.pdf
Notice of Dividend Amount
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
CATERPILLAR®
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 13, 2012
CATERPILLAR INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
1-768
(Commission File Number)
37-0602744
(IRS Employer Identification No.)
100 NE Adams Street, Peoria, Illinois
(Address of principal executive offices)
61629
(Zip Code)
Registrant's telephone number, including area code: (309) 675-1000
Former name or former address, if changed since last report: N/A
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 230.425) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
CATERPILLAR®
News
June 13, 2012
Caterpillar contact: Jim Dugan Corporate Public Affairs Office 309-494-4100 Mobile 309-360-7311 [email protected]
FOR IMMEDIATE RELEASE
Caterpillar Announces 13 Percent Increase in Dividend Rate
PEORIA, Ill. – The Board of Directors of Caterpillar Inc. (NYSE: CAT) voted today to raise the quarterly cash dividend by six cents to fifty-two ($0.52) cents per share of common stock, payable August 20, 2012, to stockholders of record at the close of business, July 20, 2012.
“As part of our strategy, over the business cycle, we aim to deliver Total Stockholder Return in the upper 25 percent of the S&P 500 and this 13 percent increase in our dividend represents our continued commitment to providing value to stockholders,” said Caterpillar Chairman and Chief Executive Officer Doug Oberhelman. “Further demonstrating our track record of rewarding stockholders over the years, including the announcement today, Caterpillar has paid higher dividends to stockholders for 19 years in a row, and during the last 10 years, our total stockholder return has been 322 percent, which is in the top 25 percent of the S&P 500. In addition, the company has paid a cash dividend every year since 1925 and has paid a dividend every quarter since November 1933,” Oberhelman added. “We believe dividend payments are a good way to reward long term investors in Caterpillar, and we hope policy makers in the United States will take steps to change tax policy rather than punishing long term investors. Without such a change, the tax rate on dividend income will nearly triple for many stockholders next year.”
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The $0.52 dividend is an increase of 13 percent over the previous rate of $0.46 per share.
About Caterpillar:
For more than 85 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. With 2011 sales and revenues of $60.138 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at: http://www.caterpillar.com.
Caterpillar Public Release
Item 8.01. Other Events.
On June 13, 2012, the Board declared a quarterly cash dividend of fifty-two cents ($0.52) per share of Company common stock, payable August 20, 2012 to stockholders of record at the close of business on July 20, 2012. The per share dividend of $0.52 is an increase of six cents from the previous quarter's dividend of $0.46 per share. On the same date, the Company issued a press release announcing the dividend increase. A copy of the release is furnished as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
99.1 Caterpillar Inc. press release dated June 13, 2012
The information in Exhibit 99.1 of Item 9.01 is being furnished, not filed. Accordingly, the information in such exhibit shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under Section 18. Furthermore, the information in such exhibit will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified as being incorporated therein by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CATERPILLAR INC.
June 13, 2012
By: /s/James B. Buda James B. Buda Senior Vice President and Chief Legal Officer
EXHIBIT INDEX
| Exhibit No. | Description |
|---|---|
| 99.1 | Caterpillar Inc. press release dated June 13, 2012 |